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ITC Hotels, Metro Brands, Eicher Motors, RITES, HUDCO: Check top buzzing stocks of the day

Ahana Chatterjee - image.jpg
By Ahana Chatterjee

4 min read | Updated on February 03, 2025, 12:51 IST

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SUMMARY

Shares of Metro Brands surged over 6.5% on Monday as the government in the Union budget announced a new focus product scheme for the sector soon

Stock list

METROBRAND
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EICHERMOT
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MARUTI
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ITCHOTELS
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BAJFINANCE
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LT
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RITES
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COALINDIA
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ANANTRAJ
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At 12:30 PM, the S&P BSE SENSEX was trading at 76,996.38, down 509.58 points, or 0.66%. Image: Shutterstock

At 12:30 PM, the S&P BSE SENSEX was trading at 76,996.38, down 509.58 points, or 0.66%. Image: Shutterstock

Stock market today: The benchmark equity indices on Monday, February 3, were trading in negative, declining nearly 1%, during the late morning deals.

At 12:30 PM, the S&P BSE SENSEX was trading at 76,996.38, down 509.58 points, or 0.66%, while the NSE's NIFTY50 index was at 23,290.35, falling 191.80 points, or 0.82%.

Here is a list of stocks that are buzzing in today's trade.
Metro Brands: Shares of the footwear brand surged over 6.5% on Monday as the government in the Union budget announced a new focus product scheme for the sector soon.

Metro Brands was trading at ₹1319.05 a piece, rising 6.65% on BSE.

During the budget speech, finance minister Nirmala Sitharaman said, “To enhance the productivity, quality, and competitiveness of India’s footwear and leather sector, a focus product scheme will be implemented. The scheme will support design capacity, component manufacturing, and machinery required for the production of non-leather quality footwear, besides the support for leather footwear and products.”

Eicher Motors: The auto maker reported that its total motorcycle sales grew 20% to 91,132 units in January as against 76,187 units same period last year. Sales volumes for Royal Enfield have grown by 6% to 7.27 lakh units, compared to 6.85 lakh units sold during the same period the previous year. Its international business sales grew 79% at 10,080 units against the year-ago figure.
Also read: SENSEX, NIFTY50 tank up to 1%: Trump's tariff and other key factors behind fresh sell-off in market

Shares of Eicher Motors soared 2.54% during the intraday trade to ₹5,524.90 on BSE.

Maruti Suzuki: Shares of Maruti Suzuki India (MSIL) rallied as much as 3.95% to ₹13,431.60 apiece on the BSE in the early trade on Monday, February 3, as India's largest carmaker reported a good set of sales numbers for January 2025. The company, in its press release, said that it sold a total of 212,251 units in January against 199,364 units sold in January 2024.

During the intraday trade, the company was trading at ₹13,118.40, rising 1.53% on BSE.

Also read: Maruti shares jump 4% as total sales in January surge 6% YoY; check category-wise numbers
ITC Hotels: Shares of the hotel major soared over 3.5% on the back of major tourism related announcements during the Union budget.

The Union budget proposed that the top 50 tourist destination sites in India will be developed in partnership with states through a challenge mode.

ITC Hotels shares increased 4.09% during the intraday trade on Monday at ₹179.45 on BSE.

Bajaj Finance: Several analysts revised their outlook for the company which made investors confident about the Bajaj Finance.

During the intraday trade, shares Bajaj Finance was trading at ₹8208.85 apiece, rising 2.70% on BSE.

L&T: Shares of the Larsen and Toubro (L&T) remained under pressure as the several analysts downgraded the firm’s rating post Union budget. The government moved its focus from capex-related growth this budget to consumption specified growth. This lead the analysts downgrade capex-related stocks among which L&T is one.

The company was trading 4.40% down at ₹3,295.60 apiece on BSE.

Anant Raj: The real estate and data centre infrastructure company’s net profit stood at ₹110 crore in Q3 FY25, a growth of 55% year-on-year. Anant Raj’s revenue increased 36.2% from last year to ₹534 crore. The base quarter sales stood at ₹392 crore.

However, the result failed to cheer the stock as it tumbled 9.43% during the intraday trade to ₹577.50 on BSE.

RITES: Engineering service provider RITES Ltd shares hit a 52-week low of ₹233.60 per share on Monday after the Union Budget failed to provide any fresh impetus to the railway sector.

During the intraday trade, the company was trading at ₹233.55 a piece, tanking 8.30% on BSE.

Also read: RVNL, IRFC and other railway stocks tumble up to 7% as Budget 2025 falls short of market expectations

In the Union Budget, Finance Minister Nirmala Sitharaman kept the allocation for the railway sector for the financial year 2025-26 at ₹2.55 lakh crore, the same as the allocation for FY25.

Coal India: Shares of Coal India Ltd (CIL) fell as much as 3.66% on BSE to ₹371.25 apiece on Monday as it reported first monthly production de-growth in the current fiscal with the miner’s output reducing by 0.8% year-on-year in January. The company produced 77.8 million tonnes (MT) of coal in January as compared to 78.4 MT in the year-ago month. In December 2024, Coal India’s production increased by 5.25% year-on-year.
HUDCO: Housing and Urban Development Corporation (HUDCO) shares tumbled 8.82% to ₹198 apiece during the intraday trade on BSE making it one of the top losers on the equity index.
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About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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